Phantom Digital Effects IPO Details & Guidance

Phantom Digital Effects IPO Listing
Listing on 21 October 2022
Issue Price Rs. 95
Listed at Rs. 300 (215% premium)
Intraday high of Rs. 315
Closed at Rs. 312.70
Grey Market News for Phantom Digital Effects IPO #
Observation: Grey market turned strong and there is strong buying for allotted applications. For rates updates on 21 October 2022, click

Phantom Digital Effects IPO Subscription Status
On 14 October 2022 @ 5.00 pm
QIB 15,96,000 Shares: 14.75T
NII  439,200    Shares: 554.76T
RII  1028,400   Shares: 207.08T
Tot 3063600   Shares: 164.22T

Phantom Digital Effects IPO Details
Anchor Portion to open on 11 October 2022
IPO Date October 12, 2022, to October 14, 2022
IPO Face Value Rs 10 per share
IPO Price Rs 91 to 95 per share
IPO Lot Size 1200 Shares
Issue Size 30,63,600 shares of Rs 10
(Aggregating up to Rs 29.10 Cr)
Fresh Issue 2640000 shares of Rs 10
(Aggregating up to Rs 25.08 Cr)
Offer for Sale 423600 shares of Rs 10
(Aggregating up to Rs 4.02 Cr)
Issue Type Book Built IPO
Listing At NSE SME

QIB: 50% of the net offer
HNI: 15% of the net offer
RII: 35% of the net offer

HNI Quota: 15 % / 4,39,200 Shares
Retail Quota: 35 % / 1028400 Shares
Minimum 1200 Shares/ Rs. 1,14,000
Maximum 1200 Shares/ Rs. 1,14,000
857 Applications required for onetime subscriptions.

Phantom Digital Effects IPO Timetable 
IPO Opening Date: October 12, 2022
IPO Closing Date: October 14, 2022
Basis of Allotment: October 19, 2022
Initiation of Refunds: October 20, 2022
Credit of Shares to Demat : October 21, 2022
IPO Listing Date: October 21, 2022

Phantom Digital Effects Business:

Today, the Company is a creative VFX studio, specializing in Film, Web series and Commercial. It has delivered more than thousands of shots for Domestic and International feature films (Hollywood), , Web Series & commercials in the past few years. Apart from working for film production and commercials, The Company periodically takes up subcontracts from larger visual effects studios as well.
It is a Certified Trusted Partner Network (TPN) company, full-fledged creative VFX studio, based in India with offices operating in US and Canada. It provides high-end visual effects solutions for commercials, feature films, and Web series globally. Phantom Digital Effects Limited offers all sorts of creative VFX works, ranging from Final Compositing and Roto to creating 3D Elements, Photo real creatures and Environments, 3D, match move, and Animations.

For more information about the company, Click Website: www. Phantom-fx.com

Promoters of Phantom Digital Effects
BEJOY ARPUTHARAJ SAM MANOHAR

Phantom Digital Effects: Objects of the IPO
To meet working capital requirements

Registered office of Phantom Digital Effects
6th Floor, Tower B, One India Bulls Park, Plot No.14, 3rd Main Road, Ambattur, Chennai – 600058
Company Secretary and Compliance Officer: Ms. Pallavi Tongia

Lead Manager of Phantom Digital Effects
Corporate Capital Ventures Private Limited

SME IPO Financial & Analytical Ratios#
Earnings per Share 2019-20   Rs 0.13
Earnings per Share 2020-21   Rs 0.03
Earnings per Share 2021-22   Rs 5.45
Return on Net Worth: 19-20: 0.31 %
Return on Net Worth: 20-21: 0.39 %
Return on Net Worth: 21-22: 5.84 % 
Book Value of the Share as on 31.03.22 Rs 5.84
NAV after the IPO Rs. (?)
Offer Price Rs. 95 at upper price band

IPO Peer Comparison:
Prime focus ltd @ PE Ratio of NIL

Observation by Paresh Gordhandas (Research Analyst)

Will update soon.

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